PGIM Short Duration High Yield Opportunities Fund Plans Dividend of $0.11 (NYSE:SDHY)

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) declared a dividend on Tuesday, March 11th, investing.com reports. Investors of record on Friday, March 14th will be given a dividend of 0.108 per share on Monday, March 31st. This represents a yield of 7.93%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM Short Duration High Yield Opportunities Fund has decreased its dividend by an average of 2.0% annually over the last three years.

PGIM Short Duration High Yield Opportunities Fund Price Performance

SDHY stock traded up $0.04 during trading on Tuesday, reaching $16.35. The company had a trading volume of 77,863 shares, compared to its average volume of 66,649. PGIM Short Duration High Yield Opportunities Fund has a 52 week low of $14.91 and a 52 week high of $16.97. The business has a 50 day moving average of $16.49 and a 200 day moving average of $16.47.

Insiders Place Their Bets

In other PGIM Short Duration High Yield Opportunities Fund news, Portfolio Manager Robert Cignarella acquired 17,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were acquired at an average price of $16.20 per share, for a total transaction of $275,400.00. Following the completion of the acquisition, the portfolio manager now owns 35,000 shares in the company, valued at $567,000. This trade represents a 94.44 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.